In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.

Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.

Memorials are monuments to fallen heroes, not historical dioramas. There is no statue of Stephen Douglas at the Lincoln Memorial, no bust of Wendell Willkie at the FDR Memorial, and no plaques honoring Axis dead at our WWII Memorial. Moreover — and perhaps most importantly from a historical perspective – Stalin had no role in D-Day; the invasion of Normandy by U.S., British, Canadian, Australian, Free French, and other Western forces.

While there is no question that Stalin, by virtue of commanding the army fighting on the Eastern Front, played an indispensable role in defeating Hitler, it should escape no one’s memory that he too was an evil, mass-murdering despot.

Clearly, the National D-Day Memorial Foundation knows it made a monumental mistake by including Stalin in its Memorial. It tried to justify its action by adding a plaque citing the tyrant’s “tens of millions of victims” and then to minimize it by privately installing the bust five days before the formal dedication of the D-Day Memorial on June 6.

But the Stalin bust remains as does the profound injury to the memory of those who launched a crusade for freedom in Europe in June 1944. The honorable thing for the National D-Day Memorial Foundation to do is to remove the bust without delay.

Felicitously, at 10 a.m. today there will be a wreath-laying at the Victims of Communism Memorial in Washington (corner of Massachusetts Ave. and New Jersey Ave. NW):

This event will mark the memorial’s third anniversary, as well as signaling our continued vigilance against the deadliest ideology in human history.

According to a VCMF press statement, at least 12 foreign embassies and nearly 20 ethnic organizations will lay wreaths in honor of the more than 100 million victims of Communism. Among the invited speakers are Representatives Dan Lipinski of Illinois and Thaddeus McCotter of Michigan, Swedish MP Göran Lindblad, and Tiananmen Square activist Dr. Yang Jianli. For more information, contact Jaron Janson or Steve Miller at at 202-536-2373 or vocmemorial [at] aol.com.

Although the debate has been raging for months, it has just come to my attention that the man responsible for the second-most number of murders ever – after Mao, of course, with Hitler a distant third – is to have his bust placed at the National D-Day Memorial in Bedford, Virginia.

Defenders of the Stalin bust argue that, whether we like it or not, our uneasy alliance with the Soviet Union during the war is a part of history and should be recognized. Furthermore, they say that his visage is in no way glorifying the man or his deeds.

This argument misses the point entirely. Memorials are monuments to fallen heroes, not historical dioramas. There is no statue of Stephen Douglas at the Lincoln Memorial, no bust of Wendell Willkie at the FDR Memorial, and no plaques honoring Axis dead at our WWII Memorial. Moreover – and perhaps most importantly from a historical perspective – Stalin had no role in D-Day; the invasion of Normandy by U.S., British, Canadian, Australian, Free French, and other Western forces.

While there is no question that Stalin, by virtue of commanding the army fighting on the Eastern Front, played an indispensable role in defeating Hitler, it should escape no one’s memory that he too was an evil, mass-murdering despot.

Stalin and communism should be universally reviled in the very same way as Hitler and Nazism. (Note also that Stalin only fought the Germans because Hitler invaded the USSR in violation of the Molotov-Ribbentrop Pact that divided Eastern Europe and enabled the Reich’s western incursions in the first place.)

Finally, no one doubts or discounts the bravery of the Russian and other Soviet soldiers fighting in defense of their homeland and families, far removed from the politics of terror that permeated their government – including my maternal grandfather, a tank captain who helped take Berlin. Accordingly, if we are to honor the Soviet role at our D-Day Memorial, we should honor the common Red Army soldiers – whom Stalin treated as disposable bullet-stoppers, many of whom he murdered after the war because they had witnessed the world beyond communism – not the tyrant and the murderous system they represented.

Stalinism was dropped even by the Soviet Union when the murderous Joseph Stalin died, but it has never disappeared completely. North Korea, for instance, mimics the bizarre personality cult promoted by the Soviet dictator.

Now Iran appears to be adopting the Stalinesque tactic of staging show trials, with “confessions” from the obviously brutalized accused. Reports the Wall Street Journal:

On Sunday, reaction by Iranian newspapers and Web sites to the trials of some 100 detained opposition members, including a former vice president, was polarized as some raised questions about whether their confessions were coerced.

The trial by Tehran’s Revolutionary Court appears to be paving the way for President Mahmoud Ahmadinejad to secure his grip on power and cap a gradual takeover of Iran’s political landscape by hardliners. Mr. Ahmadinejad, whose government claimed victory in the disputed June 12 presidential elections, is to be inaugurated Monday for a second four-year term. Opposition leaders said the election was rigged.

Top reformist figures appeared in court Saturday looking disheveled and dazed. They sat in the front row wearing gray prison pajamas and plastic slippers without socks, in an apparent attempt to humiliate them in public. The reform leaders were unshaven and had lost weight.

Mohammad Ali Abtahi, a cleric and former vice president to former President Mohamad Khatami, appeared without his robe and turban. Mr. Abtahi, who should legally be tried at the special tribunal for clerics, clutched a piece of paper and took the stand to give an elaborate confession. He said that reform leaders had been plotting for years to take over the government and had vowed to stick together.

By putting its outrageous repression forward front and center, the regime–fronted if not controlled by President Mahmoud Ahmadinejad–has delivered its own affirmative answer to the question whether the recent ballot was stolen. Although the regime has sufficient coercive force to remain in power at the present, it has sacrificed any remaining legitimacy at home as well as abroad. The oligarchy led by Ayatollah Ali Khamenei is likely to have an ever more difficult time fending off challenges within the governing elite as well as among the people.

Americans should wish the forces of liberty and democracy well. There is little that the U.S. government, with an unsavory record of supporting repression in Iran, can do, other than ensure that Washington does not divert attention from the responsibility of the Tehran regime for the many problems facing the Iranian people. But people around the nation and world can help publicize the struggle in Iran and provide Iranians with the tools of freedom, including freer access to the Internet. The Iranian struggle against tyranny is one with which all lovers of liberty should identify.